HomeMy WebLinkAboutCity Council Resolution 98-20 RESOLUTION NO, 9 8 - 2 0
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
ESTABLISHING THE HSCAL YEAR 1998-99
APPROPRIATION LIMIT FOR THE CITY OF SARATOGA
WHEREAS, the City of Saratoga has established its Base Year appropriation limit as
$5,961,747 (Five-Million-Nine-Hundred-Sixty-One-Thousand-Seven-Hundred-Forty-Seven Dollars);
and
WHEREAS, the cumulative changes to the City's population, the Consumer Price Index, and
per capita income statewide since the Base Year established the revised Proposition 111 Fiscal Year
1997-98 Appropriation Limit as $17,396,306 (Seventeen-Million-Three-Hundred-Ninety-Six-
Thousand-Three,Hundred-Six Dollars.)
WHEREAS, to the best of this City's knowledge and belief; the State Department of Finance
figures provided to this City in response to Proposition 111 passed by the voters in June 1990, reflect
the appropriate statistics relevant to the calculation of the Fiscal Year 1998-99 Appropriation Limit:
· Population adjustments for the year ended January 1, 1998, equals 1.54% (One point Five-Four
Perecru); and
· Per capita change in personal income for Fiscal Year 1998-99 equals 4.15% (Four point One-Five
Percent).
NOW, THEREFORE, the City Council of the City of Saratoga hereby resolved as follows:
Section 1: Based on the foregoing figures and the provisions of Article XIIIB of the
Constitution of the State of Califomia, the following figure accurately represents the Fiscal
Year 1999-99 Appropriation Limit for the City of Saratoga: $18,396,593 (Eighteen-Million-
Three-Hundred-Ninety-Six-Thousand-Five-Hundred-Ninety-Three Dollars).
Section 2: The City Clerk shall certify to the passage of this Resolution.
The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City
Council held onthe Ist day ofauly ,1998, bythe following vote:
AYI~S: Councilmembers Bogosian, Jacobs, Moran, Shaw and Mayer Wolfe
NOES: None
ABSENT: None
ABSTAIN: None ~/~/~~~ 6~/
' [" Mayor ~
ATTEST:
City Clerk
99GannLimiLR~so
2
CITY OF SARATOGA
Gann Appropriation Limit
L Years/Factors , .,Ap1. o. un.t. % Change Years/Factors Amount % Change
. ASE YEAR - 78/79 $5,961,7'47 CPI/PERSONAL IN COME $579,772 5.19%
POPULATION CHANGE ($SI,867) -0.87oA GANN LIMIT-89/90 $11,750,712
$5,909,880 POPULATION CHANGE $ 158,6:35 1.35%
CPI/PERSONAL INCOME $601,035 10. 17o~ $I 1,909,346
GANN LIMIT-79/80 $6,5 !.0~9t S. CPI/PERSONAL INCOME $501,383 4.21%
POPULATION CHANGE $1..t~,,.,~6~ 1.54% GANN LIMIT-90/91 $12,41.0#730
$6,6 tli;! B~i' POP ULATION CHANGE $'J 62~581 1.31%0
CPI/PERSONAL INCOME $8dQ;6~1~ 12.1 I% $12,57'3,310
GANN LIMIT-80/81 ST~41ilF,~t9~ CPI/PERSONAL INCOME $520,535 4.
POPULATION CHANGE $|4,~B2 0.19% GANN LIMIT-91/92 $i3,093,845
$7,'J25,879 POPULATION CHANGE $193,789 1.48%
CPI/PERSONAL INCOME $6ZZ,240 9.12% $13,;~87,634
GANN LIMIT-81/82 $8, i03,~ 19 CPI/PERSONAL INCOME ($85,041) -0.64c:/o
POPULATION CHANGE $1.52,~9 1.88% GANN LIMIT-92/93 $;! 3;202,594
$8i25:~,~Si3. POPULATION CHANGE $~25,764 1.71%
CPI/PERSONAL INCOME $~O,p~S. 6.79% $t3,428,338
GANN LIMIT-82/83 $8,1J !~,pp~ CPI/PERSONAL INCOME $368,251 2.72%
POPULATION CHANGE . .$:!~,~'2~. 0.15% GANN LII',41T-9.t/94 $13,793,609
$8~829,228 POPULATION CHANGE $220,698 1.60%
CP1/PERSONAL INCOME $~C)7,487 2.35% $1,1.,014,307
GANN LIMIT-83/84 $9~036~715 CPI/PERSONAL INCOME $99,502 0.71%
POPULATION CHANGE $9,1037 O. 10% GANN LIMIT-94/95 $14, 113,809
$9;048,~781 POPULATION CHANG E 3.30%
CPI/PERSONAL INCOME $428~769 4.74% CPI/PERSONAL INCOME 4.72%
GANN LIMIT-84/BS $9r474,$~O COMBINED PERCENTAGE $ I, I ~],911 8.18%
POPULATION CHANGE ($~9. ,:164) -0.73% GANN LIMIT-gS/96 $15,267,720
$9~405,356 POPULATION CHANGE 1.08%
CPI/PERSONAL INCOME $3$1,760 :].74% CPI/PERSONAL INCOME 4.67%
GANN LIHIT-85/86 $9~757,.i 16 COHBINED PERCENTAGE $885,594 5.80%
POPULATION CHANGE . $'i$,~61'1 0.16% GANN LIMIT-96/97 $I6,153,31~
$9,7~.,...i72~ POPULATION CHANGE 2.89%'
CPI/PERSONAL INCOME $g2'),:7'73 2.30% CPItPERSONAL INCOME 4.67%
GANN LIHIT-86/87 $9,99~,.500 COMBINED PERCENTAGE $1,242,992 7.69%
POPULATION CHANGE $62;~84 0.63% GANN LIMIT-97/98 $17,396,306
$10/060,~485 POPULATION CHANGE 1.54%
CPI/PERSONAL INCOME $~19,O99 3.47% CPI/PERSONAL INCOME 4.15%
GANN LIMIT-87/88 $10,.~..,~3 COMBINED PERCENTAGE $ t,000,.288 5.75%
POPULATION CHANGE $!~'~4~ 1.19% GANN LIMIT-98/99 $ i.8~39~,593
CPI/PERSONAL INCOME i;ij~'~]~-~ 4.66% i'
GANN LII',IIT-eBIe9 :ii~ii.lE~:~;~!:lY:
POPULATION CHANGE ;'".i li'~&~:~:' 1.33%
RECALCULATED UNDER PROP I 11 AS PASSED BY THE VOTEILS IN JUNE 1990 SOURCE FOR REVISED
C.P.I. AND COUNTY POPULATION GROWTH: STATE DEPT OF FINANCE, DEHOGILAPHIC RSRCH UNIT.
AS A RESULT OF THE PROP 11 I AUDIT, THIS CALCULATION HAS BEEN CORRECTED FOR 1992-93
FORWARD, TO REFLECT GREATER OF COUNTY OR CITY POPULATION CHANGE.